Stocks Hitting 52-Week Lows

by Lisa Levin, Benzinga Editor

October 25, 2016 10:31 AM | 1 min read | Make a Comment

Under Armour Inc UA shares fell 12.6 percent to touch a new 52-week low of $33.13. Under Armour delivered higher than expected earnings and revenue for the third quarter. The company reiterated its revenue and operating income forecast for the year 2016.
Calithera Biosciences Inc CALA shares fell 17.8 percent to touch a new 52-week low of $2.42. Citigroup initiated coverage on Calithera Biosciences with a Sell rating and a $1.00 price target.
Dipexium Pharmaceuticals Inc DPRX shares reached a new 52-week low of $2.125 after the company disclosed that top-line data from OneStep Phase 3 trials of Locilex failed to meet the primary endpoint.
Telefonaktiebolaget LM Ericsson ERIC shares touched a new 52-week low of $4.995. JP Morgan downgraded Ericsson from Overweight to Neutral.

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